Oil news
Shell Renews Efforts to Sell Stake in Rosneft-Held German Refinery
Shell has restarted a process to sell its minority 37.5% stake in the Schwedt refinery in Germany, whose majority shareholder is now-sanctioned Russian state oil giant Rosneft, Reuters reported on Tuesday, citing sources with knowledge of the matter. Shell has opened a data room this month and is seeking offers for its stake in the refinery by the end of January, according to some of Reuters’ sources. The Schwedt refinery, the fourth-largest refinery in Germany, used to process Russian oil before Germany cut off supplies…
Categories: Oil news
Brent Breaks Below $60 on Oversupply Fears
In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy.India Is Buying Less Russian Oil, But Why Exactly?- Despite plentiful reports of Indian refiners halting imports of Russian oil after the US sanctioned Rosneft and Lukoil on…
Categories: Oil news

